Search results for: assets

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A list of search results

  • 13 February 2018
    Business & Finance

    Cosco Shipping Leasing is to raise USD 318.2 million through the issuance of asset-backed securities.

  • 22 March 2016
    Business & Finance, Equipment

    Abu Dhabi’s national energy company TAQA has awarded Asset Guardian Solutions, the UK-based process control software company, a contract to provide its software solutions for TAQA’s North Sea offshore assets. TAQA, through its UK subsidiary, operates five platforms that produce from 13 fields spread across the Northern North Sea and the Central North Sea. This […]

  • 17 February 2014
    Business & Finance

    Euronav’s plan to purchase some vessels from certain subsidiaries of Overseas Shipholding Group (“OSG”) has fallen through after OSG said that it will withdraw their previously-announced motion for authorization to sell the vessels over which CEXIM had security interests. As it was previously announced, Euronav has formed a Joint Venture (JV) with GSO Capital Partners […]

  • 2 October 2015

    Russian gas giant Gazprom, and Germany’s largest oil and gas producer Wintershall said they completed the previously announced asset swap. As a result of the deal, Gazprom increased its share in European gas trading and storage companies WINGAS, WIEH and WIEE to 100 percent as well as received a 50 percent stake in WINZ involved […]

  • 20 June 2017
    Business & Finance

    JP Morgan Asset Management has raised USD 480 million from insurers and pension funds aimed at investing into distressed shipping assets. The asset management company surpassed its target of USD 400 million and has already deployed some USD 312 million on 14 vessels, Anton Pil, the company’s managing partner is quoted as saying. The fund sparked considerable interest […]

  • 30 April 2018
    Business & Finance

    CMAL has reached an agreement to purchase three passenger ferries serving the Northern Isles.

  • 23 November 2017

    Trinity’s sale of West Coast assets offshore Trinidad & Tobago to Range did not go as planned due to lack of regulatory approvals. 

  • 9 May 2016
    Equipment, Project & Tenders, Vessels

    Wärtsilä on Monday said it has been selected to provide its propulsion machinery packages for two dual-fuel ro-ro passenger ferries being built for Caledonian Maritime Assets of Scotland.

  • 2 February 2018
    Business & Finance, Human Capital, Operations & Maintenance

    Danish-headquartered company Creadis, focused on asset management and operations and maintenance (O&M), has opened its first UK base on the East of England coast, in the in OrbisEnergy building in Lowestoft, to serve the UK offshore wind sector.

  • 7 September 2015

    Russia’s gas giant Gazprom and OMV of Austria signed a deal on Friday in Vladivostok on terms and conditions of a possible asset swap. Subject to the swap deal, OMV will acquire a 24.98 per cent stake in the project for developing Blocks 4A and 5A of the Achimov deposits at the Urengoy oil, gas […]

  • 12 April 2018
    Equipment, Project & Tenders

    Bibby HydroMap has expanded its asset inspection survey technology with the purchase of the Carlson Software Merlin LiDAR mapping system. The Merlin LiDAR system will complement the existing marine and terrestrial survey equipment to deliver improved high-resolution datasets of objects of interest, with the aim of enhancing the validity of asset inspection services, the company explained. […]

  • 26 April 2018

    Australia’s LNG player Santos has completed the commissioning and start-up of the Scotia CF1 project in Queensland, with initial full field production exceeding 40 TJ/day, in line with expectations.

  • 11 May 2015
    Business & Finance

    Two banks have frozen Sainty Marine’s assets, the Chinese shipbuilder said in a filing with Shenzhen stock exchange.   Namely, the Bank of China has frozen its account with balances of RMB 1.06 million (USD 170,800) whereas Export-Import Bank of China (Exim Bank) has frozen a dual-currency account with balances of RMB 22.99 million and USD 2,491.78, the […]

  • 27 September 2017

    Working offshore, working at heights and working with hazardous products requires the correct working method and safety procedure. You can best describe asset integrity as maintaining the asset, whatever asset that may be. To ensure asset integrity, in 2016 The Netherlands established Industry Standard No. 90. One year after implementation it is time to evaluate […]

  • 9 March 2006

    Golden Ocean Group Limited ( “GOGL” ) has agreed to sell their two new building contracts at Shanghai Waigaoqiao Shipyard to CMB’s subsidiary Bocimar International. The ships are sold including the two three year time charter agreements arranged for the ships.

  • 20 January 2017
    Project & Tenders, Vessels

    Scotland’s Caledonian Maritime Assets has awarded a contract to Wallace Stone Consulting Engineers for design development work in advance of the introduction of a new LNG-powered ferry on the ‘Skye Triangle’ in 2018. The work will include design development at CMAL’s Tarbert ferry terminal, and Lochmaddy ferry terminal, which is owned by Comhairle Nan Eilean […]

  • 24 December 2013

    BASF and Gazprom signed the final agreement to swap assets of equivalent value. Through the swap, the BASF subsidiary Wintershall will further expand its production of oil and gas and exit the gas trading and storage business. The completion of the transaction is expected to take place mid-2014 and will be economically effective retroactively to […]

  • 8 January 2016

    Asset Buyout Partners AS has acquired five oil and gas properties from Norsea Group Property for NOK 875 million ($98.4 million) Asset Buyout Partners says it addresses the situation created by the low oil price, where companies in the oil and gas industry are looking to slim their balance sheets by selling off operating assets. The company […]

  • 21 October 2014

    Many offshore platforms in use today are exceeding their intended lifespan. What challenges do operators face to keep the equipment running and what solutions are available to keep producing responsibly and profitably? In a conference session at Offshore Energy a selection of speakers share their practical insights. How to optimize your offshore shutdowns John Alkemade, […]

  • 1 October 2013

    Total announces the transfer to The National Gas Company of Trinidad &Tobago of all of its E&P assets in Trinidad through the sale of Total E&P Trinidad B.V and Elf Exploration Trinidad B.V. These wholly owned subsidiaries hold a 30% working interest in Block 2(c) (which includes the producing Angostura field) and 8.5% in Block […]

  • 2 December 2013
    Business & Finance

    Hess Corporation today confirmed it has entered into two separate agreements with a joint venture between PT Pertamina and PTT Exploration and Production Company Limited to sell its interests in both the Pangkah and Natuna A assets located off the coast of Indonesia for a total after-tax consideration of $1.3 billion.     Together, the […]

  • 23 December 2013

    ADX Energy Limited has reached an agreement whereby Gulfsands Petroleum plc withdraws from the Kerkouane permit offshore Tunisia and ADX transfers its entire remaining 30% participating interest in its Chorbane exploration permit onshore Tunisia to Gulfsands. Under the terms of the agreement ADX will receive a cash payment of US$ 250,000 after execution of this […]